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Australia removes British Monarchy from Bank notes

News: Former British colonies are choosing how to relate to Britain constitutionally. India, for example, changed the name of the Rajpath to Kartavya Path. Similar to this, Australia will no longer print the portrait of the British monarch on its coinage. Australia’s five dollar bills are undergoing modifications. The latest currency to feature the image of the British Monarch is the $5 bill. The portrait of the monarch will remain on the coins.

• The British monarch’s image will no longer be on Australian five-dollar bills, according to a recent announcement by the Central Bank of Australia. Australian five-dollar bills carried Queen Elizabeth’s image on them up until her death. The Australian government ought to have issued new notes featuring King Charles III after she passed away in 2022. Instead, it has chosen to completely erase the image of the British Monarch from the bills.
• Australia is a sovereign nation. However, the British Monarch continues to serve as the head of state for Australia. King Charles III is the current monarch of Australia. His function is symbolic, nevertheless.
• The Australian Reserve Bank suggests inserting the theme of culture and history of the first Australians in place of the visage of the British Monarch. The bank intends to display an image of the Australian parliament on the other side.